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Dec 28, 2012 9:00am EST
down a notch. now let's look at the bad. as you start to get more local or large city looks david roeder rights for the sun times, one of my favorites and put out a piece a couple days ago where he took three washington policy institutes and put together some of their research. he found if you just looked at large cities foreclosures were about 6% but the record is 6.1%. if you loosked at just chicago 8.7% foreclosure rate versus a year ago, year over year at 8.8. so only 0.1 better. if you specifically looked at cook county, their third quarter prices were down 3% year over year. you have the good, the bad, and it gets very difficult to just come up with one lump sum. one thing we can walk away with, it seems as though housing has bottomed. many states deal with the core process of foreclosures and there have been breakthroughs there. i've talked with many experts who really think there is still a shadow inventory of foreclosures that are going to be freed into 2013. you try to figure it out. the last, well maybe this is the credit market side of a possible positive for u.s. trea
Dec 26, 2012 4:00pm EST
and the ski resorts will be doing great. the coastal cities, again, largely rain and travel delays will be impacted significantly where we have new york, philly and d.c. >> sounds like retailers can't catch a brick right now. superstorm system and now the storm is barreling its way across the country and with holiday pale at their weakest, heard that this morning, do retailers, can they make up for last yund. >> thank you. have, why don't you go first. what impact is it going to have? >> you have declining dispose al income and petter problems. you have the retailers that have inconspicuous stock and consumers are concerned about everything from hurricane sandy and the senseless slaughters in sandy hook, connecticut, spending less and giving more to charities. >> jan, i don't want to minimize any of this, the damage that this storm has already inflicted in parts of the country and could still inflict, but we were in an environment where people were just not shopping to begin with. do you think retailers could use this as a good excuse going forward? >> yeah, bert's here with me the
Dec 5, 2012 2:00pm EST
talking about earlier, the western gulf. today we have a small refinery in texas city. so we really did in the play in this what we believe market dynamic will be a competitive advantage against the central gulf. we have a very large refinery in the central gulf. this made sense and will really balance our refining capacity with approximately one-third in the midwest, one-third in the one gulf and now the other one-third being in gariville, louisiana. >> one beauty of master limited partnerships, the income they kick off. what happens if we go over the fiscal cliff. number two, are you going to issue a giant one-time special dividend or move up your dividend ahead of the new year? >> well, if you go back and look at the mlp, yes, that's been a great catalyst again for our share price this year, both in mplx, as well as mpc. as we see mpc going forward, we expect to be able to balance both mplx, we have a large stable of assets that are eligible earnings that could be dropped in down the road. and then as we look at, to your question on a special dividend or something here at the year en, i
Dec 6, 2012 2:00pm EST
this month's magazine "the atlantic." charles, welcome to the program. joining us from mexico city, i guess somewhat ironically, in a way, because 30 years ago if it were mexican factories taking u.s. work, then that moved largely to china. now some of that is coming back here. how come? >> it's coming back specifically because a company like ge has done the math and they figured out two things. first, the world has changed in the last -- certainly in the last 20 years, and even in the last ten years. transportation costs are higher. labor costs are higher overseas. and markets in this country move much more quickly. even for something like appliances. ge wants to be able to make dishwashers, refrigerators, washers and dryers, put them out on the market quickly. difference in transportation time, it takes five weeks just to get finished products to the u.s. from china. from the factory that they're reviving in kentucky, it takes ge 19 minutes to get the products in to the warehouse and ready to distribute and product cycles even in appliances have been cut in half. people want thei
Search Results 0 to 3 of about 4